Will Apple’s Low Cost iPhone For Emerging Markets Ring The Bell With These Top Institutional Shareholders?

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Apple Inc. (NASDAQ:AAPL) has begun to work on a low-cost iPhone for emerging global markets, such as China, which will launch in 2013, according to DigiTimes, who cited sources in Apple’s supply chain. The sources claim that the iPhone will feature a large display, but will have a revamped design and will be less expensive than the current handset.

Will Apple Inc.’s shareholders increase their holdings? They reported owning a total of 1.318 million shares on 12/31/2012. The shares closed at $532.17 on 12/31/2012.

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Here are the ten largest positions in Apple Inc. at the end of December 31st, 2012.

Cornerstone Investment Partners LLC. held 434,491 shares on 12/31/2012 worth $231,223,068. This brought the portfolio total to 4.36%.

Navellier & Associates Inc. held 121,627 shares on 12/31/2012 worth $64,726,239. This brought the portfolio total to 1.99%.

First Citizens Bank & Trust Co. held 91,445 shares on 12/31/2012 worth $48,664,284. This brought the portfolio total to 1.69%.

Huntington National Bank held 88,669 shares on 12/31/2012 worth $47,186,980. This brought the portfolio total to 1.18%.

Neville Rodie & Shaw Inc. held 79,371 shares on 12/31/2012 worth $42,238,864. This brought the portfolio total to 5.46%.

BB&T Corp0. held 64,216 shares on 12/31/2012 worth $34,173,828. This brought the portfolio total to 1.49%.

Swarthmore Group Inc. held 64,205 shares on 12/31/2012 worth $34,167,974. This brought the portfolio total to 4.41%.

Haberer Registered Investment Advisor Inc. held 38,952 shares on 12/31/2012 worth $20,729,085. This brought the portfolio total to 4.48%.

Fulton Bank N.A. held 26,927 shares on 12/31/2012 worth $14,329,741. This brought the portfolio total to 1.88%.

Stock Yards Bank & Trust Co. held 25,716 shares on 12/31/2012 worth $13,685,283. This brought the portfolio total to 2.48%.

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